Credit Suisse reiterated an Outperform rating and raised its price target on Global Payments (NYSE: GPN) to $95.00 (from $91.00) following Q2 results that handily exceeded expectations.

The firm is raising FY 2015/2016 EPS from $4.83/$5.42. They said the company is positioned to drive pro-forma top-line growth of 7% and adj. EPS growth in excess of 15% at least through FY15.

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Shares of Global Payments closed at $84.78 yesterday.